Axis Bank spurts on unveiling online outward remittance Facility in over 100 currencies Axis Bank is currently trading at Rs. 437.25, up by 7.20 points or 1.67% from its previous closing of Rs. 430.05 on the BSE. The scrip opened at Rs. 432.00 and has touched a high and low of Rs. 440.00 and Rs. 431.95 respectively. So far 325230 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 431.00 on 30-Oct-2014 and a 52 week low of Rs. 202.33 on 13-Nov-2013. Last one week high and low of the scrip stood at Rs. 431.00 and Rs. 420.25 respectively. The current market cap of the company is Rs. 103232.70 crore. The promoters holding in the company stood at 28.88 % while Institutions and Non-Institutions held 58.42 % and 9.00 % respectively. Axis Bank has unveiled its seamless Online Outward Remittance facility in over 100 currencies. Axis Bank customers can now make faster online outward remittances in over 100 currencies across 150 countries to accounts held with various other Correspondent Banks using this facility, from the comforts of their home or office. This new outward remittance service offers customers the convenience and choice to initiate transfers through Axis Bank in additional 88 currencies taking the total to 101 currencies. The bank’s net profit for first quarter ended June 30, 2014 rose by 18.29% at Rs 1666.76 crore as compared to Rs 1408.93 crore for the quarter ended June 30, 2013. Its total income increased by 10.17% to Rs 9980.47 crore for the quarter under review from Rs 9059.12 crore for the corresponding quarter of the previous year.